Some feminist commentators ignore Luce Irigaray’s contributions to rethinking classical and neoclassical theories of the market when their aims and hers are often largely of a piece. Other feminist commentators celebrate Irigaray’s writings by privileging a certain conception of the gift her philosophy is said to evoke because it challenges the logic of the market economy and its masculinist biases. Instead of viewing the market and the gift in a binary way, I argue that Irigaray examines the conditions of possibility (...) for transvaluing value and exchange as such. By way of an internal critique of economic texts and discourses, Irigaray draws out the available conceptual resources for the possibility of a model of exchange between two positively valued – sexuate – subjects. In this article I focus on the texts where Irigaray explicitly engages with key components of political economy – ‘Commodities among Themselves’, ‘Women on the Market’ and ‘Women, the Sacred and Money’ – and also her conceptualisation of a nonmarket economy in Elemental Passions. These brilliant and complex essays yield an understanding of the forms and the flows (value and exchange) of all economies (whether symbolic, linguistic, cultural or political) necessary for cultivating a sexuate economy. (shrink)